Common use of Stock Compensation Clause in Contracts

Stock Compensation. The Officer may be entitled to receive stock awards under the Company’s 2003 Stock Incentive Plan, or any successor plan, in such amounts and subject to such terms and conditions as determined under the applicable management incentive plan as may be adopted on an annual basis by the Board of Directors of the Company.

Appears in 7 contracts

Samples: Employment Agreement (Union Bankshares Corp), Employment Agreement (Union Bankshares Corp), Employment Agreement (Union Bankshares Corp)

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Stock Compensation. The Officer may be entitled to receive stock awards under the Company’s 2003 Stock 2006 Equity Incentive Plan, or any successor plan, in such amounts and subject to such terms and conditions as determined under in the applicable management incentive plan as may be adopted on an annual basis by sole discretion of the Board of Directors of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Monarch Financial Holdings, Inc.), Employment Agreement (Monarch Financial Holdings, Inc.), Employment Agreement (Monarch Financial Holdings, Inc.)

Stock Compensation. The Officer may be entitled to receive stock awards under the Company’s 2003 Stock Incentive Plan, or any successor plan, in such amounts and subject to such terms and conditions as determined under the applicable management incentive plan as may be adopted on an annual basis by the Board of Directors upon the recommendation of the CompanyCommittee.

Appears in 1 contract

Samples: Employment Agreement (Union First Market Bankshares Corp)

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Stock Compensation. The Officer may be entitled to receive stock awards under the Company’s 2003 Stock Incentive Plan, the Company’s 2011 Stock Incentive Plan, or any successor plan, in such amounts and subject to such terms and conditions as determined under the applicable management incentive plan as may be adopted on an annual basis by the Board of Directors of the Company.

Appears in 1 contract

Samples: Employment Agreement (Union First Market Bankshares Corp)

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